Higher returns, lower fees. The 4% is just promo feature to bring in customer.
https://versa.com.my/get-to-know-versa-cash...ey-market-fund/

Lower expense fee by 0.2% while getting better returns by an average 0.5% yearly on its base net return

Yes which is why I am only sticking with it at 4% until the promos runs in June because I doubt Versa will extend it while paying 0.8%pa on average monthly to top it up to 4%

sorry new to this KDI and Versa, which is the better in term of return and liqulity?

KDI Save - Straight forward, same day withdrawal (before 11am), return 3.5%pa...

Versa Cash - Next day withdrawal (before 3.3pm), return 4.0%pa (Mar 3.95% return, 0.05% bonus reimbursement for the 4% promotion)... (abit complicated due to unit price and bonus in cash and later convert back to unit)

Versa Cash-i - Same day withdrawal (before 10.30am), return 4.0%pa(Mar 3.08% return, balance bonus reimbursement ???)... Personally i still with Versa Cash, other sifu may comment...

Your choice. You want same day withdrawal or higher returns.

Keep in mind versa-i rates is promo until June then will drop to around 3.2%p.a

For me personally I use KDI for the same day withdrawal and same day deposit.

Yes Versa-I a lot of reimbursement of trailer fees and rebates from Versa until June only but liquidity is great because 8 hours later money is in the bank by 1830 after 1030 withdrawal execution

Yes Versa-I average 3.2% before the fund was intro into Versa then Feb major drop to 3.08% and the management fee is a bit higher so no doubt after June it will not extend the promo

One big turn off of Versa is it takes 2 days for the money to be in, and another one day for the money to be out....If you don't need high liquidity, Versa, else KDI for same day deposit and withdrawal.

Not for Versa-I if you want quick liquidity

If your KDI Save doesn’t have balance and you start deposit and withdrawal the same day it doesn’t work 🤦‍♀️ which is why KDI Save stated T+1 for that reason 🤦‍♀️

Same day withdrawal works provided you have an account balance in KDI Save only

Why on earth you want to deposit and withdraw the same day? too free nothing else to do?

Some ppl make mistake 🤦‍♀️ happened before because of UI/UX confusing and very uniform as the difference on KDI Save and Invest tab and notification are uniform

Some ppl want to amend the amount and many other reasons you can think off 🤦‍♀️

So mean after the fee, we actually dont get the 4%?

So mean after the fee, we actually get less then 4%?


its takes 2 days for money to in mean we will lost 2 days interest?

versa will pay bonus to compensate 2 days lost (after bank in). so u wont lose anything.

Versa fees and promo rates sounds like fatten piggy and later slaughter.

How do KDI make money from KDI Save ?
I understand business is to make money.
I wish KDI and Versa could spell these out clearly.
I dig through Versa and can't find clearly so I focus on KDI.
I dig through KDI Save's T&C unable to find what KDI charge / make money.

At the end you earn 4% net after charges but remember it is promo rate until June🤦‍♀️

What you are getting is the base net return plus rebate that is Versa to top it up to 4%

Yes as long as the money deposit in before cut off as it will capture the fund price for the day

Versa is already transparent and showing you that it is going through a fund running by AHAM 🤦‍♀️ and already stated clearly on the app and the fund price 🤦‍♀️

KDI Save is through own internal treasury fund which is not that transparent other than daily returns

Why worry so much when both companies are licensed and regulated by SC 🤦‍♀️ and when you are talking more than a billion fund size as well

Actually how this KDI invest work?

Is it you put rm250 and let it work for 1 year to make profit or you put rm250 and take/leave everytime it make profit?

it like UT. u dump money in . they will invest. either profit or lost

You put in and trust them to allocate the right ETF for you and just hope that the market performs well with right ETF that their robo allocated to your account

Loss or profit all depends on their robo allocated ETF to you

does register needs to b done use apps? i tried mobile n desktop. maciam cannot detect my live face....

You need able to Face ID on device but the app is very buggy on it 🤦‍♀️

No REITs at the moment 🤦‍♀️

Hi. Is 3.5% rate applicable for 1st rm50k only ?